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7-25 Shorehill Drive

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2006 20 years ago
Top 56%65/117
Top 65%165/252
Top 35%9458/26841

7-25 Shorehill Drive: For Year Built. On Shorehill Drive, around averageTop 56%, rank 65 of 117, and comparable homes in that group average about 2008. in Royalwood, around averageTop 65%, rank 165 of 252, and comparable homes in that group average about 2009. citywide, around averageTop 35%, rank 9458 of 26841, and comparable homes in that group average about 1990.

Living Area
1,502 sqft
Top 75%88/117
Top 76%191/252
Top 9%2359/26841

7-25 Shorehill Drive: For Living Area. On Shorehill Drive, below averageTop 75%, rank 88 of 117, and comparable homes in that group average about 1,665 sqft. in Royalwood, below averageTop 76%, rank 191 of 252, and comparable homes in that group average about 1,677 sqft. citywide, above averageTop 9%, rank 2359 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
38.80k
Top 79%92/117
Top 85%214/252
Top 12%3236/26841

7-25 Shorehill Drive: For Assessed Value. On Shorehill Drive, below averageTop 79%, rank 92 of 117, and comparable homes in that group average about 41.60k. in Royalwood, below averageTop 85%, rank 214 of 252, and comparable homes in that group average about 43.70k. citywide, above averageTop 12%, rank 3236 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 10/202341.90k
MetricSame streetSame areaCity-wide
Sale price
41.90k
Top 24%28/117

Above average

same street Top 24%

Top 52%132/252

Around average

neighbourhood Top 52%

Top 8%2171/26841

Above average

Winnipeg Top 8%

Sold 4/202241.10k
MetricSame streetSame areaCity-wide
Sale price
41.10k
Top 38%45/117

Around average

same street Top 38%

Top 66%166/252

Around average

neighbourhood Top 66%

Top 9%2449/26841

Above average

Winnipeg Top 9%

Highlights & common questions: 7-25 Shorehill Drive, Winnipeg

Property Overview: 7-25 Shorehill Drive, Royalwood

Section 1: Key Characteristics & Appeal

This well-maintained home in the sought-after Royalwood neighbourhood offers a practical and comfortable living space. Built in 2006, its key characteristic is a recently renovated basement, adding valuable finished square footage to the 1,502 sqft main living area. The data suggests a property that holds its value well, with stable and recent sales history.

Its primary appeal lies in its location within a top-tier community. The rankings indicate this property sits on one of the larger lots in its immediate area (top 1% on its street) and is situated in a highly desirable neighbourhood overall. It suits buyers looking for a move-in ready home in a mature, established area without the premium price tag of a brand-new build. It would particularly appeal to young families seeking community amenities and good schools, or to downsizers who want a manageable single-level layout with the bonus of a renovated lower level for guests or hobbies. A less obvious perspective is its potential for buyers who value statistical stability; the consistent assessed value and sales price point to a property that isn't over-inflated, representing a grounded investment in a premium area.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finishes, rooms, and whether it includes a separate entrance or bathroom are not provided in this data. This would be a key detail to clarify with the seller or listing agent.

2. Why is the assessed value notably lower than recent sale prices?
This is common. Municipal assessed value for property taxes often lags behind current market values. The recent sale prices (2022 and 2023) are a more accurate reflection of the home's market worth.

3. There's no garage listed. Is there alternative parking?
The listing specifies no garage. Typically, properties in this area have driveways, but verifying the parking setup (e.g., single or double driveway, visitor parking) is essential.

4. How does this home compare in size to others in Royalwood?
At 1,502 sqft (excluding the renovated basement), this home is slightly below the average size for Royalwood, ranking in the top 19% neighbourhood-wide (meaning 81% of homes are larger). It represents a more mid-sized option in the community.

5. The lot is ranked in the top 1% on the street. How does that impact the property?
This indicates a larger-than-average yard for the immediate area, which is a significant advantage in a mature suburb. It offers more private outdoor space, potential for gardening, or room for additions like a deck or shed, compared to neighbouring properties.

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